January 10, 2018 / 9:21 AM / 8 months ago

BRIEF-Fuxin Dare Automotive Parts sees FY 2017 net profit up 20.3 pct to 35.8 pct

Jan 10(Reuters) - Fuxin Dare Automotive Parts Co Ltd

* Sees FY 2017 net profit to increase by 20.3 percent to 35.8 percent, or to be 132 million yuan to 149 million yuan

* Says FY 2016 net profit was 109.7 million yuan

* Says increased income from electrical hydraulic pump, automatic transmission oil pump and automotive electronics, increased sales of acquired firm are the main reasons for the forecast

Source text in Chinese: goo.gl/rFhAFo

Further company coverage: (Beijing Headline News)

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